Schivo assuages jobs concerns and reaffirms long-term role

Staff Reporter

The Waterford-headquartered owner of Maydown Precision Engineering (MPE) has moved to reassure workers at the local engineering company that jobs are not at risk.

However, it did confirm that up to 15 positions are the subject of “consideration” under restructuring proposals.

In a statement, after the Unite trade union revealed redundancies could be on the horizon, the company responded: “This is inaccurate and irresponsible behaviour by the Unite trade union. Schivo NI has not breached any existing agreement with any trade union and 133 jobs at the facility in Derry are not at risk.

“Schivo NI recently acquired the business and assets of Maydown Precision Engineering and in line with restructuring the business, a small number of staff in roles that are not key to the growth and development of the business have been informed that the company is considering making their positions redundant. Between 10 and 15 positions are under consideration, although at this stage nothing has been decided.

“Schivo Group is delighted with the acquisition of MPE, which is now called Schivo NI, and is committed to the longterm growth and development of the business in Derry.”